New Delhi: CBI today registered a fresh case against Abhijeet Group Director Manoj Jaswal for allegedly fraud over 290 crore on Vijaya Bank and canara Bank. This group was already under probe in the Coal scam.
CBI registered case under Criminal conspiracy and cheating against Abhishek Jayaswal, Arun Kumar Srivastava, Avhijeet projets Ltd and Simplex Infrastructure Ltd. The action comes on the complaint of both the public sector banks of allegedly perpetrating fraud of Rs 290.77 crore by fraudulent availing of Letter of Credit facility during the period from 2011-2013, CBI Spokesperson Devpreet Singh said.
“The accused entered into a criminal conspiracy with each other and cheated both banks. An alleged loss to the tune of Rs 218.85 crore (approx) to Canara Bank and Rs 71.92 crore (approx) to Vijaya Bank was caused,” CBI said.
Searches were conducted at three places in Kolkata; six in Nagpur and one place each in Mumbai and Gurgaon at the residence and office premises of the accused persons, the official added.